Nephros (NASDAQ:NEPH) Posts Earnings Results, Beats Expectations By $0.04 EPS

Nephros (NASDAQ:NEPH) released its quarterly earnings results on Monday. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.04, Zacks reports. The company had revenue of $3.87 million for the quarter, compared to analysts’ expectations of $3.67 million. Nephros had a negative return on equity of 11.39% and a negative net margin of 6.86%.

Nephros Stock Up 2.6 %

NEPH stock opened at $1.56 on Wednesday. Nephros has a 12-month low of $1.36 and a 12-month high of $2.55. The company’s fifty day simple moving average is $1.57 and its 200 day simple moving average is $1.57. The firm has a market cap of $16.45 million, a price-to-earnings ratio of -17.33 and a beta of 1.19.

Nephros Company Profile

Nephros, Inc, a commercial-stage company, develops and sells water solutions to the medical and commercial markets in the United States. It offers ultrafiltration products that are used in dialysis centers for the removal of biological contaminants from water and bicarbonate concentrate; and in hospitals for the prevention of infection from waterborne pathogens, such as legionella and pseudomonas, as well as in military and outdoor recreation, commercial, and other healthcare facilities.